Categories AlphaGraphs, Earnings, Industrials

LUV Earnings: A snapshot of Southwest Airlines’ Q4 2022 report

Southwest Airlines Co. (NYSE: LUV) on Thursday announced financial results for the fourth quarter of 2022, reporting a net loss and a double-digit increase in revenues.

Total operating revenue was $6.17 billion, up 22% compared to the fourth quarter of 2021. The management expects first-quarter 2023 revenues to increase 20-24% year-over-year.

The company reported a net loss of $220 million or $0.37 per share for the quarter, compared to a profit of $68 million or $0.11 per share in the prior-year period. On an adjusted basis, the net loss was $0.38 per share.

Prior Performance

  • Southwest-Airlines-Q3-2022-Earnings-Infographic
  • Southwest Airlines Q2 2022 Earnings Infographic
  • Southwest Airlines Q1 2022 Earnings Infographic
  • Southwest airlines Q4 2021

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

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